Maharashtra Buys Iconic Air India Building for Rs 1,601 Crore to Ease Office Space Crunch

Brief by Shorts91 Newsdesk / 07:11pm on 02 Jun 2026,Tuesday India

The Maharashtra government has purchased Mumbai's landmark Air India building for Rs 1,601 crore. The building was bought from Air India Assets Holding Limited. The state plans to shift several government offices there, many of which currently operate from rented spaces across Mumbai. The move is expected to reduce rental costs and improve coordination between departments. The building offers over 46,000 square metres of office space near the Mantralaya. Renovation work will be carried out by the Public Works Department, and the building is expected to be ready within a year. Air India put the property up for sale in 2018. (PC: Getty Images)

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